quality and manage cost of goods sold so we import goods from Europe market instead off China market so cost of goods was decreased due to Baht was appreciation from same period of last year. - Increased on

Million), representing 31.60% where it was mainly coming from Baht appreciation in year 2017. 4. Reversal allowance for doubtful account were Baht 3.17 Million decreased from the same period of year 2016 in

increase in prices of sugar and garlics, which are the main raw materials used in the production, and Baht appreciation has contributed to a slight decrease in gross profit margin. Selling Expenses Selling

Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation

Q4 2017 reached 1,841.58MB, an increase of 31% from 1,408.07MB in Q4 2016. This mainly resulted from a 31% increase in USD zinc price despite a 7% appreciation of Thai Baht against USD. The USD zinc

from last year. Revenue from sales decreased 1.66 percent due to the effect of Thai Baht appreciation and sale price declining, even though sale volume and proportion of sale in CNF incoterm increased

near future. For the impact on Thailand, The Baht appreciation is greatly appreciated. Compared to other currencies, as a result, the competitiveness of Thailand on the world stage has decreased

countries. The Company’s gross profit demonstrated at 33.8% to sale value, declined from same quarter last year reported at 37.2% due to the increase in energy prices and Thai Baht appreciation against US

decrease from new sugar regime that domestic price will float. As a result, sugar price was decrease from prior year 11.49 percent. Baht appreciation from prior period was THB 1.15 per U.S Dollar, these

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation